http://planetponzi.com/blog/you-heard-it-here-first Planet Ponzi Wed, 08 May 2013 13:03:23 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://planetponzi.com/blog/you-heard-it-here-first#comment-85 Keys Sat, 17 Dec 2011 11:06:38 +0000 http://planetponzi.com/?p=1207#comment-85 This is a really intelligent way to provide an overview answering many doubts. Thanks! This is a really intelligent way to provide an overview answering many doubts. Thanks!

]]> http://planetponzi.com/blog/you-heard-it-here-first#comment-54 Irving Mintzer Wed, 23 Nov 2011 21:07:14 +0000 http://planetponzi.com/?p=1207#comment-54 Mitch is really right about this. The principal French banks are troubled by under-reported losses and "rogue" trading activity. They are also heavily exposed to sovereign debt from a number of countries on the periphery of the EU. If the new Greek Government fails to meet the most recent terms demanded by Mrs. Merkel for delivery of the sixth tranche of bailout funds, the country may suffer a default before Christmas. This would not be a good holiday present for French Banks and could give a certain hollow ring to December and January offerings of French bonds. Mitch is really right about this. The principal French banks are troubled by under-reported losses and “rogue” trading activity. They are also heavily exposed to sovereign debt from a number of countries on the periphery of the EU. If the new Greek Government fails to meet the most recent terms demanded by Mrs. Merkel for delivery of the sixth tranche of bailout funds, the country may suffer a default before Christmas. This would not be a good holiday present for French Banks and could give a certain hollow ring to December and January offerings of French bonds.

]]>